Types of plans

Correct answer: C. Standing plan

A standing plan is used in recurring situations. In exams treat an annually repeated manual as standing plan.

Correct answer: A. Policy and Procedure

The first is decision guidance and the second is an order of stages. In exams preference is policy and stages are procedure.

Correct answer: D. When many activities time and responsibilities are linked for a goal

A programme coordinates many activities and responsibilities. In exams choose programme for a multi activity time bound plan.

Correct answer: B. Objective

It is a target with number and period so it is objective. In exams treat user growth target as objective.

Correct answer: C. Strategy

Brand direction in response to competitive challenge is strategy. In exams connect premium positioning and competition with strategy.

Correct answer: A. Procedure

The order of steps after an accident is procedure. In exams understand emergency response flow as procedure.

Correct answer: B. Method

It is a specific technique of doing a task so it is method. In exams identify a special technique as method.

Correct answer: D. Policy

It gives general direction for decisions and leaves discretion. In exams statements with considered values indicate policy.

Correct answer: C. Budget

A budget is a numerical plan that states expected income, costs, or spending limits for a specified period. Since numerical limits for audit fees, legal advice, and compliance software are fixed for the next year, this is a budget. A policy gives broad guidelines for decisions, whereas a procedure specifies the sequence of steps to perform a task. Exam tip: words such as amount, cost, spending limit, or financial target usually indicate a budget.

Correct answer: A. Rule

It is a binding order and gives no option. In exams language like only approved indicates rule.

Correct answer: B. Programme

Combining many activities for one target is programme. In exams treat combined operational activities as programme.

Correct answer: C. Single use plan

It is a temporary plan made for a special occasion. In exams understand this year's one event as a single use plan.

Correct answer: D. Procedure and Method

The process of sending messages is procedure and the technique of language style is method. In exams distinguish process from style.

Correct answer: A. Objective

The direct answer is A, Objective. An objective is a clear statement of what an organisation wants to achieve. Here, the desired result is to increase rural stores from 180 to 260, and the period is next year. The target can be counted and checked: the planned increase is 260 minus 180, which is 80 stores. Option A is correct because it states a specific, measurable result within a time period. Option B, Strategy, would explain the broad approach or major plan used to reach the target, not the target itself. Option C, Policy, would give general guidance for repeated decisions, such as rules about selecting rural locations. Option D, Rule, would state something compulsory that must or must not be done, not a growth target. Remember: a number to be achieved, especially with a time limit, usually indicates an objective.

Correct answer: C. Policy

It guides the decision process but does not fix a rigid penalty. In exams understand principle with flexibility as policy.

Correct answer: B. Procedure

It is a fixed order of related activities so it is procedure. In exams treat goods receipt to storage flow as procedure.

Correct answer: D. Method

The technique of micro soldering is method. In exams identify technical operation technique as method.

Correct answer: A. Strategy

Product direction based on external rules and customer concern is strategy. In exams treat long term product direction as strategy.

Correct answer: C. Budget

The estimated amount of future expense is budget. In exams identify maintenance expense estimate as budget.

Correct answer: A. Strategy

Deciding long term direction after observing external change is strategy. In exams treat environment based long term direction as strategy.

Correct answer: B. Procedure

It states the order of related tasks so it is procedure. In exams identify booking flow as procedure.

Correct answer: C. Objective

It is a measurable and time bound target so it is objective. In exams understand rate improvement target as objective.

Correct answer: D. Policy

It gives general direction for decisions and leaves discretion. In exams a statement with may and priority indicates policy.

Correct answer: A. Method

The correct answer is Method because it specifies the particular way in which a task should be performed. Here, the special palm technique describes how the clay base is to be kneaded. A rule states what must or must not be done, whereas a strategy is a broad plan for achieving an objective. Exam tip: When a question describes a technique or procedure for doing a task, it usually refers to a method.

Correct answer: B. Rule

It is a clear binding order and gives no option. In exams a without compliance no action situation indicates rule.